Saturday, August 16, 2008

The Best Thing Since The Invention of Vitamins

Rob Sanchez over at Job Destruction just mailed out this newsletter. Not only is cheap labor good for companies, its absolutely fabulous for workers. Therefore we really should be bringing in billions of workers and let the riches flow!

"There is no job that is America's God-given right anymore."
Carly Fiorina, CEO of Hewlett-Packard (HP). January 7, 2004

In March of this year the National Foundation for American Policy (NFAP) concluded that every H-1B that comes into the USA creates seven jobs for Americans. Not long after that Bill Gates testified before Congress with a slightly more modest estimate that every H-1B creates four jobs for Americans.

McCain just topped both them -- he said that every H-1B creates ten jobs for Americans!

Even assuming McCain, Bill Gates, and the NFAP were right, why can't the same number of jobs be created by hiring an American instead? Hiring a U.S.
worker should create at least as many jobs as an H-1B -- plus one more.

McCain said that the Department of Labor should determine how many H-1Bs are to be issued instead of having a yearly cap. Bad idea! McCain would probably appoint his campaign chairwoman Carly Fiorina to replace Secretary of Labor Elain Chao. BLECH!

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